Is This The Insurance Business Model Of The Future? [Forbes]
micromobility.com Inc. (MCOM)
Company Research
Source: Forbes
inspiration from the 18th-century practice of barn-raising in farming communities. When a barn needed major repairs, “the community came together to rebuild a farmer's barn” as a form of collective action to strengthen communities. When the metaphorical barn burns down today, there is often a tug-of-war between the insurance company and the client. The notion of community has been lost. Insurance Today Is No Longer the Safety Net it Once Was People buy insurance to protect themselves from catastrophes. They insure the things that they care most about, such as their homes, cars, personal health, and loved ones. Most insurance companies charge customers a premium to insure their property or health. They then pool these premiums to invest them in income-generating financial assets. The premiums and investment income cover the costs of future claims. Yet, climate change, pandemics, and increases in property crime have escalated costs so significantly that insurance companies are i
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MCOM
News
- Micromobility Market To Reach USD 120.0 Billion By 2032, Says DataHorizzon Research [Yahoo! Finance]Yahoo! Finance
- Veo Unveils Strategies for Inclusive Micromobility Vehicle Design [Yahoo! Finance]Yahoo! Finance
- micromobility.com Inc. Announces Fiscal Year 2023 Financial Results, Embraces Strategic Efficiency Amidst Industry Challenges [Yahoo! Finance]Yahoo! Finance
- micromobility.com Inc. Announces Fiscal Year 2023 Financial Results, Embraces Strategic Efficiency Amidst Industry ChallengesBusiness Wire
MCOM
Sec Filings
- 4/16/24 - Form 10-K
- 4/2/24 - Form 424B2
- 4/1/24 - Form NT
- MCOM's page on the SEC website